RICHARDSON ELECTRONICS, LTD.
For the period ended Mar 1, 2025. Filed Apr 10, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 1, 2025 · Filed Apr 10, 2025
RELL$19.27-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Consolidated Statements of Cash Flows
(in thousands)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| March 1, 2025 | March 2, 2024 | March 1, 2025 | March 2, 2024 | |
| Operating activities: | ||||
| Net (loss) income | $(2,057) | $750 | $(2,218) | $180 |
| Adjustments to reconcile net (loss) income to cash provided by (used in) operating activities: | ||||
| Unrealized foreign currency loss (gain) | 456 | 5 | 429 | (300) |
| Depreciation and amortization | 978 | 1,104 | 3,037 | 3,218 |
| Inventory provisions | 123 | 173 | 346 | 450 |
| Share-based compensation expense | 320 | 279 | 1,226 | 1,045 |
| (Gain) loss on disposal of property, plant and equipment | — | — | (4) | 70 |
| Deferred income taxes | (3) | (4) | (82) | 42 |
| Loss on disposal of healthcare assets and related charges | 4,916 | — | 4,916 | — |
| Change in assets and liabilities: | ||||
| Accounts receivable | (333) | (5,254) | (1,470) | 998 |
| Inventories | 2,873 | 3,974 | 1,132 | (2,246) |
| Prepaid expenses and other assets | (382) | 151 | (344) | (58) |
| Accounts payable | 2,585 | (4,072) | 7,249 | (5,204) |
| Accrued liabilities | (4,661) | 247 | (4,115) | 625 |
| Other | (214) | 116 | 376 | 464 |
| Net cash provided by (used in) operating activities | 4,601 | (2,531) | 10,478 | (716) |
| Investing activities: | ||||
| Capital expenditures | (549) | (401) | (1,992) | (3,057) |
| Proceeds from sale of property, plant & equipment | — | — | 7 | — |
| Proceeds from disposal of Healthcare assets | 6,985 | — | 6,985 | — |
| Net cash provided by (used in) investing activities | 6,436 | (401) | 5,000 | (3,057) |
| Financing activities: | ||||
| Proceeds from issuance of common stock | — | — | 307 | 342 |
| Cash dividends paid on common and Class B common stock | (852) | (844) | (2,555) | (2,532) |
| Proceeds from revolving credit facility | — | 3,744 | 1,000 | 3,744 |
| Repayment of revolving credit facility | — | (3,744) | (1,000) | (3,744) |
| Other | — | — | (159) | (119) |
| Net cash used in financing activities | (852) | (844) | (2,407) | (2,309) |
| Effect of exchange rate changes on cash and cash equivalents | (145) | (113) | (659) | (19) |
| Increase (decrease) in cash and cash equivalents | 10,040 | (3,889) | 12,412 | (6,101) |
| Cash and cash equivalents at beginning of period | 26,635 | 22,769 | 24,263 | 24,981 |
| Cash and cash equivalents at end of period | $36,675 | $18,880 | $36,675 | $18,880 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.